Bankruptcy almost always comes on the heels of mounting debt or financial crisis. That means there isn’t much money left to go toward court costs, attorney fees, and other expenses related to the bankruptcy process. In the face of monthly payme…
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It is possible to file bankruptcy without paying the attorney fee in full. Generally, the attorney fee must be paid in full prior to filing the bankruptcy. This is because any fee owing at the time the bankruptcy is filed is discharged. Sometimes a c…
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DETROIT BANKRUPTCY ATTORNEYS Your Tax refunds are assets just like cash and other property you own. There are several different ways to handle tax refunds depending on the type of bankruptcy you file. Chapter 7: In order to keep your tax refund in a…
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DETROIT BANKRUPTCY LAW FIRM It is true that a bankruptcy filing stays on your credit report for up to 10 years after filing. However this does not mean that your credit is ruined for 10 years and you will never be able to get any credit during that p…
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DETROIT BANKRUPTCY ATTORNEYS Generally, Yes. The Bankruptcy Code requires a debtor to treat all like creditors alike. This means you cannot chose to list some creditors in a bankruptcy while keeping other creditors out of the bankruptcy. The Bankrupt…
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DETROIT BANKRUPTCY ATTORNEY Bankruptcy can be an invaluable tool and might be the right answer for your financial situation. If you answer yes to any of the following questions then please contact our office for a free consultation: Are you behind on…
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Bankruptcy often has a negative connotation, but this is in large part because of misconceptions that have escalated over time. Declaring bankruptcy in Michigan simply gives you a chance to eliminate debts and repay creditors under the protection of…
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After Declaring Bankruptcy in Michigan Once you declare bankruptcy in Michigan, you’ll undergo several stages. In most cases, bankruptcy lasts for 3 to 5 years before a discharge is given. To make sure that you stay on track with the process, y…
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For most people the decision to file bankruptcy in Michigan is extremely difficult. First, there is the fear of the unknown. Some people fear that their credit will be destroyed forever. Others fear that they will lose their property. Yet others fear…
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If you owe a creditor money and fail to make your required payments, this lender may seek to get repaid by garnishing your wages. This means a percentage — usually not more than 25 percent — of your regular paycheck will be deducted and s…
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“Mr. Steinberger was a wonderful and patient attorney. He took time in preparing my case properly so that it would be successful. I would recommend him highly to my family and friends.”
